Bitcoin has dropped to $101,938 from its failure to break above $104,800, leading traders to question the durability of the $101,000 support. Analysis suggests that if this support level is lost, Bitcoin could experience a sharp decline to $95,000. However, there are technical patterns indicating strong buying interest at lower levels, potentially creating accumulation zones for long-term investors. The mid-$80,000 range is seen as a critical zone, with potential to serve as a significant turning point if selling pressure intensifies. Community sentiment is divided, with some traders anticipating a recovery above $104,800 and others preparing for deeper corrections. A break below $101,000 could increase bearish momentum, while a recovery above $104,800 may restore bullish sentiment. Bitcoin's current price action has induced uncertainty, and traders are closely monitoring these pivotal price zones to determine the next move.



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